Tag: Business News
Nigerian Bourse Ends Week Lower as Profit-Taking Erases Early Gains
LAGOS — The Nigerian Exchange Group All-Share Index ended the week lower as profit-taking erased the gains made…
FG Warns Petrol Marketers Over Profiteering, Orders NMDPRA to Act
ABUJA — The Federal Government has issued a direct warning to petroleum marketers against profiteering at the pump,…
SMEDAN Unveils N500m Zero-Interest Fund for Small Businesses
ABUJA — The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has unveiled a N500 million zero-interest…
Naira Holds Near N1,375 as Meter Makers Win Key Court Injunction
LAGOS — The Nigerian naira traded near N1,375 to the dollar in the official market as the week…
Naira Gains Ground as Foreign Inflows Strengthen FX Market
LAGOS — The Nigerian naira made modest gains against the US dollar this week as improved foreign capital…
Nigeria and African Leaders Pitch for UK Investment at London Forum
LONDON — Nigeria and other African leaders are actively promoting investment opportunities at the London Stock Exchange as…
Clearing a Container in Cotonou Costs Half of Nigerian Port Rates
LAGOS — A striking new comparison has emerged that captures the depth of Nigeria's port competitiveness crisis. Vanguard…
CBN Reshuffles Deputy Governors in Major Leadership Restructuring
ABUJA — The Central Bank of Nigeria has carried out a significant reshuffle of its Deputy Governors. Vanguard…
Nigeria Food Import Bill Falls 7.4% to $2.34bn in 2025 Despite Higher Imports
LAGOS — Nigeria's spending on food imports declined by 7.4 percent year-on-year to $2.34 billion in 2025, signalling…
Equities Market Adds N905bn as Airtel Africa Leads Monday Rally
LAGOS — The Nigerian equities market added N905 billion in market capitalisation on Monday as a strong broad-based…
Dangote Group Named Africa’s Most Admired Brand for 8th Year Running
LAGOS — The Dangote Group has been named Africa's Most Admired Brand for the eighth consecutive year in…
CBN Extends PoS Geo-Fencing Deadline as Operators Seek More Time
ABUJA — The Central Bank of Nigeria has extended the deadline for compliance with its Point of Sale…
